The British economy collapsed in the second quarter by the most on record, in the worst showing of any major economy during the pandemic.
The U.K. gross domestic product quarter-on-quarter fall of 20.4% in the second quarter was worse than even hard-hit France and Spain. It was double the roughly 10% declines of the U.S. and Germany during the period.
The 20.4% decline was slightly better than the 21.2% decline forecast by economists.
